Getting Funding with Kickfurther: 3 Things You Need to Know

In the dynamic world of business, securing funding is a critical aspect of growth for many emerging companies, particularly in the realms of ecommerce and consumer packaged goods (CPG). Kickfurther, a unique financing platform, has gained attention as a source of capital for businesses looking to expand their operations. In this article, we'll delve into three key aspects you need to know about getting funding with Kickfurther. 

1. Understanding Kickfurther:

Kickfurther is a crowdfunding platform that connects businesses in need of capital with a community of individuals willing to contribute funds. Unlike traditional lending models, Kickfurther utilizes a model known as "consignment crowdfunding." Businesses propose a specific inventory-related project, and backers fund these projects in exchange for a share of the profits when the inventory is sold. This innovative approach allows businesses to secure funding without taking on additional debt

2. Qualifications for Funding: 

Kickfurther primarily works with businesses in the ecommerce and CPG sectors. To qualify for funding, businesses must present a viable inventory-related project with a clear plan for execution. This could include details about the product, production timelines, sales projections, and expected returns for backers. Kickfurther emphasizes transparency, and businesses that provide comprehensive information are more likely to attract backers

One of the standout features of Kickfurther is that it opens the funding landscape to a wide range of businesses, including those that might face challenges securing traditional financing. However, it's crucial for businesses to thoroughly understand the platform's requirements and tailor their proposals accordingly.

3. The Landscape of Lenders and the Role of Yardline:

Navigating the landscape of lenders can be a daunting task for businesses seeking funding. Yardline, a strategic partner of Kickfurther, simplifies this process by offering a comprehensive platform where various lenders compete for businesses' financing needs. This competitive environment allows businesses to access the best rates and terms available

Yardline specializes in working with ecommerce and CPG brands, understanding their unique financial requirements. Eligible businesses can secure approval for funding up to $20 million in as little as 24 hours. The array of financing solutions provided by Yardline includes inventory financing programs, lines of credit, small business loans, purchase order (PO) financing, and invoice factoring.

By collaborating with Yardline, businesses can tap into a diverse pool of lenders, ensuring they find the most suitable financing solution for their specific needs. This approach promotes flexibility and adaptability, essential elements for businesses navigating the ever-changing landscape of commerce.

Kickfurther offers an innovative crowdfunding solution for businesses in need of inventory-related funding. Understanding the qualifications and intricacies of the platform is vital for success. Moreover, partnering with Yardline can enhance the funding experience by providing businesses with access to a multitude of lenders and a comprehensive suite of financial solutions tailored to the unique needs of ecommerce and CPG brands. As businesses continue to evolve, securing funding through platforms like Kickfurther and strategic partners like Yardline becomes an integral part of their growth journey